Signet Jewelers (NYSE:SIG) Releases FY 2026 Earnings Guidance

Signet Jewelers (NYSE:SIG - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 7.700-9.380 for the period, compared to the consensus EPS estimate of 8.350. The company issued revenue guidance of $6.6 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its Q2 2026 guidance to EPS.

Analyst Ratings Changes

SIG has been the subject of several recent research reports. UBS Group lifted their price objective on Signet Jewelers from $84.00 to $95.00 and gave the stock a "buy" rating in a report on Wednesday. Cfra Research upgraded shares of Signet Jewelers to a "moderate buy" rating in a research note on Thursday, March 20th. Bank of America raised their price target on Signet Jewelers from $65.00 to $78.00 and gave the stock a "neutral" rating in a report on Wednesday. Telsey Advisory Group boosted their price objective on Signet Jewelers from $62.00 to $80.00 and gave the company a "market perform" rating in a research note on Tuesday. Finally, Citigroup raised their target price on Signet Jewelers from $85.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $84.67.

Signet Jewelers Price Performance

Signet Jewelers stock traded down $0.79 during midday trading on Wednesday, hitting $74.34. 1,779,088 shares of the company's stock were exchanged, compared to its average volume of 1,209,120. The stock has a 50-day moving average price of $60.78 and a two-hundred day moving average price of $65.93. Signet Jewelers has a 52-week low of $45.55 and a 52-week high of $109.52. The company has a market cap of $3.19 billion, a P/E ratio of 8.55, a PEG ratio of 3.43 and a beta of 1.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55.

Signet Jewelers (NYSE:SIG - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.17. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same period in the prior year, the business earned $1.11 earnings per share. Signet Jewelers's revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities research analysts forecast that Signet Jewelers will post 8.73 earnings per share for the current year.

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Friday, July 25th will be issued a dividend of $0.32 per share. The ex-dividend date is Friday, July 25th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.72%. Signet Jewelers's dividend payout ratio is -168.42%.

Insiders Place Their Bets

In other Signet Jewelers news, Director Helen Mccluskey acquired 1,700 shares of the business's stock in a transaction dated Friday, April 25th. The shares were purchased at an average cost of $58.86 per share, for a total transaction of $100,062.00. Following the transaction, the director now owns 31,916 shares in the company, valued at $1,878,575.76. This represents a 5.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James Kevin Symancyk acquired 15,000 shares of Signet Jewelers stock in a transaction on Monday, March 31st. The shares were bought at an average cost of $57.45 per share, for a total transaction of $861,750.00. Following the completion of the transaction, the chief executive officer now owns 50,710 shares in the company, valued at approximately $2,913,289.50. This trade represents a 42.01% increase in their position. The disclosure for this purchase can be found here. 1.00% of the stock is owned by insiders.

Institutional Trading of Signet Jewelers

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in Signet Jewelers by 87.2% during the first quarter. Royal Bank of Canada now owns 17,564 shares of the company's stock valued at $1,020,000 after buying an additional 8,183 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Signet Jewelers by 9.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,573 shares of the company's stock worth $7,117,000 after acquiring an additional 10,964 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Signet Jewelers by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company's stock worth $49,333,000 after purchasing an additional 213,365 shares during the period.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.